29 Jan 2009 07:56
Report on Important Business Matters
New Investments in Equipment
The management of SK Telecom Co., Ltd. ("SK Telecom") has approved plans for the following new investments in telecommunications equipment.
1. Investment Type Investment in Network equipment Investment Amount (Won) 262,400,000,000 2. Investment SK Telecom Details Capitalization (Won) 11,454,506,000,000 Investment as Percentage of Capitalization (%) 2.29% 3. Purpose of Investment Quality Improvement 4. Investment Period January 2009 to June 2009 5. Date of Management Approval January 28, 2009
Forward-Looking Statement Disclaimer
The material above contains forward-looking statements. Statements that arenot historical facts, including statements about our beliefs and expectations,are forward-looking statements. These statements are based on current plans,estimates and projections, and therefore you should not place undue reliance onthem. Such forward-looking statements involve known and unknown risks,uncertainties and other factors which may cause the our actual results orperformance to be materially different from any future results or performanceexpressed or implied by such forward-looking statements. We do not make anyrepresentation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained hereinis, or shall be relied upon as, a promise or representation, whether as to thepast or the future. Forward-looking statements speak only as of the date theyare made, and we undertake no obligation to update publicly any of them inlight of new information or future events. Additional information concerningthese and other risk factors are contained in our latest annual report on Form20-F and in our other filings with the U.S. Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
SK Telecom Co., Ltd. (Registrant) By: /s/ Tae Jin Park (Signature) Name: Tae Jin Park Title: Senior Vice PresidentDate: January 29, 2009
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